Saturday, March 02, 2024

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This is not stopping the execution of the judgment. And it’s not paying the judgment, either.

That’s the thing about appeal bonds. The judgment is a court order that a party has to pay up. It’s not a suggestion or a finding: it’s an order. The only way to stop that order is to prove you can pay up, and you will, if you can’t get the whole sum tossed out. You can’t delay execution while moving all your assets to an offshore bank or your cousin. 

The best part of this is Forbes insisting Trump is worth billions, and can pay this judgment. But that “worth” is not really “worth” as we ordinary people understand it. I’m “worth” the value of my house; on paper. But if I have to sell it to satisfy a judgment, what good is that to me? I have to get less than the best price because I need to let it go; and now I don’t have a home to live in. If that is what I’m “worth,” I ain’t worth it. Literally.

Trump is paying his legal bills with campaign contributions. Isn’t he rich? Is this a clever business move? But he’s literally robbing Peter to pay Paul, because he’s running out of money to campaign on, and outside the primaries, he’s going to have to campaign. And what’s he going to do that with? The RNC is not going to be a piggy bank. Ronna Romney McDaniel had strong connections to deep pockets. Laura Trump is the poster child for nepotism babies. She has zero fundraising skills. Trump is going to get control of the RNC and find the cupboards are bare.

It won’t be long until Letitia James is forcing the sale of Trump Tower; and that won’t be enough to pay the judgment. More dominoes are going to fall. Trump is going to spend weeks in court in Manhattan. He’ll have to; that’s the terms of his bond. And E.Jean Carroll is going to come calling for her $83 million within a week. James may have to get in line. And the legal bills are just going to get higher by the end of this month.

MAGA may be in denial:
But it’s going to be hard to deny that Trump is broke and his assets are being sold off and he’s (very likely, by summer) a convicted felon. And then MAGA proves to be a very small number of people indeed, and Trump’s positions, aside from his troubles, not all that popular: Biden hasn’t started to campaign, and all that “Trump is popular” blather (heard repeatedly from one “journalist” on Washington Week last night) is going to be disavowed by the time he does.

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